A popular cryptocurrency analyst, known as Credible Crypto, is predicting a huge price jump for XRP, a major altcoin. He shared his bullish outlook with his over 65,000 YouTube followers.
XRP’s Bullish Market Structure
Credible Crypto claims XRP shows exceptionally strong bullish signals across all timeframes. He points to the clear and consistent upward price movement as evidence. He uses Elliott Wave theory in his analysis.
Potential for 1,200%+ Gains
According to Credible Crypto’s Elliott Wave analysis, XRP is poised for a significant rally. He forecasts a potential price increase of up to 1,295% from its current price. This could take XRP to $4 and beyond, potentially reaching new all-time highs.
He breaks down the potential price action into several waves, suggesting that the initial surge could be followed by further increases, ultimately pushing the price into the double digits and potentially as high as $20 to $30.
Disclaimer
Remember, this is just one analyst’s opinion. Cryptocurrency investments are inherently risky, and it’s crucial to do your own research before investing. This information is not financial advice.